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5318, 5320, 5324 CEDAR LANE

Multi-family Recently Sold
$450,000

BTC: 7.45033113

ETH: 282.18650647

Sold on: 2026-06-24
86 days
0 room(s)
1,960 sqft

Overview

**PRICE IMPROVEMENT** Investor’s dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.

Location

Florida • NEW PORT RICHEY • 34652 • Multi-family • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1979
Lot:
0.22 Acres
Heating:
Central
Price/sqft:
$253
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$3,937
2025
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Thermostat

  • Property

    • Exterior Features: Fenced / Lighting

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 322516025000D000120

    • Zoning: R1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,938

  • Source details

    • MLS ID: W7883374

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Laundry Room

    • Living Area: 1960

    • Water Source: Public

    • Subdivision Name: NEW PORT RICHEY ESTATES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34652
291
median $273K
Active
Same city
NEW PORT RICHEY
710
median $282K
Active
Same type
Multi-family
4
median $399K
Active
Similar price
$346K – $643K
167
median $450K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: TREASURE HUNTING LLC